Thomas J. Munson - 01 Mar 2023 Form 4 Insider Report for MEDALLION FINANCIAL CORP (MFIN)

Signature
/s/ Thomas J. Munson
Issuer symbol
MFIN
Transactions as of
01 Mar 2023
Net transactions value
-$15,053
Form type
4
Filing time
03 Mar 2023, 15:20:38 UTC
Previous filing
21 Feb 2023
Next filing
07 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MFIN Common Stock Tax liability $15,053 -1,773 -4% $8.49 43,066 01 Mar 2023 Direct F1
holding MFIN Common Stock 3,447 01 Mar 2023 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the Issuer to satisfy tax obligations arising upon vesting of restricted stock award granted previously under the Medallion Financial Corp. 2018 Equity Incentive Plan in a transaction exempt under Rule 16b-3 under the Securities Exchange Act of 1934.
F2 These shares are held by Charles Schwab & Co., Inc. in an Individual Retirement Account for the benefit of Thomas J. Munson.

Remarks:

Chief Credit Officer and Executive Vice President